Word: delling
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...really running small businesses but haven't been given any of the tools to do it," says Orly Avitzur, a Tarrytown, N.Y., neurologist who pays $99 a month for a digital charting program from Medscape. Working at her Dell laptop, Avitzur is automatically prompted to ask her patients about certain symptoms, from dizziness to headaches. She no longer has to shell out $15,000 annually to have her scribbled notes and dictations transcribed, and she can send info to insurers or other consulting doctors in a matter of hours, not days...
...University of Michigan Business School, says studies from 1986 to 1992 show that companies that laid off workers went on to trail their industries in productivity, profitablity and shareholder value. "A lot of downsizing is simply done as a message to external constituencies, especially Wall Street," he says. Dell's stock, for instance, rose 9% the day the cuts were announced. It had fallen 62% since March 2000, putting heat on Dell for this kind of move...
...theory, the fired Dell workers should land on their feet. Most have highly marketable skills, and unemployment in the area is near 2%. Every day they troop to a "career center" in northwest Austin. They check out websites like computerjobs.com and a bulletin board that boasts 30 "success stories"--only limited consolation given that companies where they might naturally land--Intel, Motorola and Verizon--have also been trimming workers. Doug Hutter, 41, with two kids at home, lost his job as an IT specialist Feb. 15. "I'm starting to get scared," he says. "I'm wondering where the next...
...Dell's projections hold, it could be rehiring people like Hutter soon, and some other recent casualties are already saying they intend to be at the front of the line. "Of all the places I've worked, I've never felt more appreciated," says Davidson. "I'd go back in a heartbeat...
...Michael Dell has been feeling beaten up over the job cuts, particularly in Austin, where, as an employer of some 20,000 local workers, his company is intensely scrutinized. "Whenever we do something good, it's a little bit of news," he says with a sigh. "Whenever we do something bad, it's all over the place." But Dell is still widely regarded as a good employer, a solid corporate citizen and a millionaire maker. It's unlikely a single round of job cuts will change that...